
Crypto desk · June 25, 2026
Bitcoin Drops to $58K as PCE Inflation Hits Three-Year High, Crypto Liquidations Reach $600 Million in an Hour
Bitcoin fell to its lowest level in 21 months, touching $58,000 as U.S. personal consumption expenditures inflation climbed to a three-year high and stock markets turned volatile, triggering $600 million in crypto liquidations within a single hour.
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Updated June 25, 2026The Wire — newest first
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